Forex NAUTILUS indicator
Forex NAUTILUS indicator
May. 3, 2018
Forex Nautilus indicator estimates the direction of the trend before it takes place and projects signals to enter
Place Trade expert advisor
Place Trade expert advisor
May. 3, 2018
Place Trade expert advisor is designed to enforce and enhance trader’s discipline and thus increase profitability in the long run
DOTS Method indicator
DOTS Method indicator
May. 3, 2018
DOTS Method indicator is an intraday price based trading strategy which displays market entries, exits, and target levels.
How to export live MT4 data to Excel
How to export live MT4 data to Excel
May. 3, 2018
Excel Live tool will allow you to export live MT4 data to Excel compatible format (CSV) file from any chart
AtrOver range indicator
AtrOver range indicator
May. 3, 2018
AtrOver range indicator is a simple tool which displays traders the average true range (ATR) of any pair directly on a chart
Genesis Matrix Trading System
Genesis Matrix Trading System
May. 3, 2018
Genesis Matrix Trading System is complex trading strategy with high profitability which uses Heiken Ashi candles
Forex Risk Calculator
Forex Risk Calculator
May. 3, 2018
Forex Risk Calculator is used to help compute the actual Lot Size for each entry
SetAlerts financial tool
SetAlerts financial tool
May. 3, 2018
SetAlerts financial tool is used to set-up up to 10 alerts on any MT4 chart and has built in 3 different alert modes
TST Monthly indicator
TST Monthly indicator
May. 3, 2018
TST Monthly indicator is based on limit orders of the major market players and works on EURUSD, GBPUSD and USDCAD currency pairs
Fibo Machine Pro
Fibo Machine Pro
May. 3, 2018
Fibo Machine Pro is a relatively new indicator in the market which tells you where to enter and exit a trade for maximum profit based on Fibonacci levels
Forex Predictor V2 indicator
Forex Predictor V2 indicator
May. 3, 2018
Forex Predictor V2 indicator draws six dynamic lines in direction of an underlying trend to predict most likely price correction points
DeMark Range Expansion Index
DeMark Range Expansion Index
May. 3, 2018
Range Expansion Index is a technical indicator, namely an oscillator, which can be applied on any currency pair. It's developed by Thomas DeMark
Total Power Indicator
Total Power Indicator
May. 3, 2018
Total Power Indicator is based on the power of bulls and bears, along with a 13 day EMA, to indicate the strongest trends
Center of Gravity oscillator
Center of Gravity oscillator
May. 3, 2018
Center of Gravity oscillator produces nearly zero lag indications of market corrections and pivot points with precise accuracy
Murrey Math Line X
Murrey Math Line X
May. 3, 2018
Murrey Math Line X technical analysis system is based on a concept that all markets behave in the similar manner as observed by W.D. Gann
Hammer and Hanging Man MT4 indicator
Hammer and Hanging Man MT4 indicator
May. 3, 2018
Hammer and Hanging Man MT4 indicator helps traders to identify Hammer and Hanging Man candlestick formations
Relative Momentum Index MT4 Indicator
Relative Momentum Index MT4 Indicator
May. 3, 2018
Relative Momentum Index indicator aims to improve the data provided by the classical Relative Strength Index (RSI)
Multi Moving Average MT4 indicator
Multi Moving Average MT4 indicator
May. 3, 2018
Multi Moving Average MT4 indicator enables traders to determine the direction of several different moving averages that are compiled in one window
TSR Ranges MT4 indicator
TSR Ranges MT4 indicator
May. 3, 2018
TSR Ranges MT4 indicator informs a trader about numerous market range statistics and calculates stop loss levels according to a pre-set risk reward ratio
Trend Envelopes Alert MT4 indicator
Trend Envelopes Alert MT4 indicator
May. 3, 2018
Trend Envelopes Alert MT4 indicator is based on moving averages and can be used for scalping and swing strategies. It is equipped with an alert

What are the MetaTrader indicators?

MT4 and MT5 indicators are technical analysis tools created for forex traders. In simple language, custom forex indicators are mathematical formulas that allow traders to identify what the market trends are and to use these concepts to carry out their operations. 

The AtoZMarkets indicator gallery includes a large number of very effective and easy-to-use custom indicates. 

We have received most of these tools from their own creators, and for us it is wonderful to be able to share them with all the operators in the market. If you have your own indicator creation, and would like to submit it, please contact us and we will be happy to publish it.

In addition to this, when you download the MT4 or MT5 trading platform you also get some of the most popular trading indicators for free.

 

What are MT4 plugins or add-ons?

MT4 plugins or add-ons are visual tools that allow traders to customize their MT4 platform. By doing so, traders are able to tailor their trading platform to suit their trading needs.

However, no plugin will give you a guaranteed winning result, and you need to use these tools according to your specific trading purpose. 

Traders often combine more than one custom forex plugin and / or indicator to create their own trading strategy.

 

What is Autochartist?

Autochartist is a program that can identify patterns on the charts using technical indicators from the Metatrader platform. This function monitors the markets 24 hours a day, and notifies you about trading opportunities in real time.

Its software is designed to identify trading opportunities based on support and resistance levels.

Some of the companies listed in our Forex Broker Directory offer Autochartists for free. To install it, you need to open your MT4 and go to the "browser" window and click on "scripts", where you can see the Autochartist text there.

There are several Autochartist features that are very useful for investors. These include algorithms that automatically analyze markets, a customizable search panel, and a built-in price movement analyzer.

What are Expert Advisors or (EAs)?

 Although custom indicators can be used to trade manually, some investors want to use automated trading strategies. The so-called EAs or Expert Advisors are automated trading tools. They are MT4 or MT5 programs that trade on behalf of traders according to their predetermined strategies.

You will find a number of Expert Advisors (EAs) in the AtoZMarkets directory of trading tools. Download these files and paste them into the default MT4 folder for it. If you want to install them on your MT4 you can find them in the "browser" tab at the top left of your MT4. We do not recommend using EAs on real accounts if you are not a professional or advanced trader.

We generally recommend traders to test their EAs on demo accounts first, and once their development is fully controlled, not think about being used on a real account. To activate or test any EA on MT4 you must always make sure that the "auto trading" function in the upper toolbar is activated, and a confirmation of this is that it has a green color.

Once you make sure that the auto trade button is activated, you can drag one of the EAs from your browser windows onto your MT4 price chart. You will see the name of the EA appear on your chart, and if all is well, there will be a smiley face next to the EA name in the upper right corner of your platform.

What are the most common MT4 indicators?

Most traders will always use indicators such as moving averages or averages, the RSI indicator, the MACD, and the Stochastic as a fundamental part of their trading strategy. Also, many of the leading MT4 custom indicators are based on moving averages or RSI.

There are also other indicators considered the best for investors, and among them we find the Ichimoku Kinko Hyo indicator, the Bollinger Bands and the ADX.

 How can I create my own custom indicator?

You don't have to rely solely on other people's trading strategies or tools to do this.

Creating a custom MT4 / MT5 indicator is similar to creating an Expert Advisor. The procedure to follow is as follows:

  •        Press F4 on the keyboard inside the MT4 platform
  •        This will give the option to open the MetaEditor screen
  •        Then on the MetaEditor screen click where it says "New"
  •        This will open the MQL Wizard
  •        Use the MQL4 wizard to create / write your custom indicator

 

How can I install my custom MT4 indicators?

Step 1: Download the indicator file to your computer

Step 2: Open the MT4 trading platform

Step 3: Click "Open Data Folder"

Step 4: Open the "MQL4" folder

Step 5: Open the "Indicators" folder

Step 6: Paste the custom MT4 indicator in the "Indicators" folder

Step 7: Restart your trading platform and you are good to go